GREY:XEBEQ - Post by User
Comment by
Winston1on Sep 17, 2022 1:48pm
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Post# 34969077
RE:RE:Was it capitulation?
RE:RE:Was it capitulation?I second that. I enjoy reading TT's posts.
Whenever we see high volume capitulation for this stock, it always shoots up shortly after. At 57 cents with an $88 million market cap, the margin of safety is wide, as their assets are worth significantly more than its market cap.
People were excited to buy this last month in the 90 cent range, but are afraid to buy it at 57 cents. Buy low and sell high, yet retail traders/investors always do the opposite.
69andcounting wrote: TT your objective reading of the situation is backed up by those of many analysts. I know, we have to treat what analysts say with a grain of salt... okay a healthy dose of salt. But there isn't enough salt in the seven seas with which to treat so many of the weird postings on this site now.